
Presumed Profit – Increase in Taxation – Brazil
by Edmo Colnaghi Neves (PhD), Murray Advogados, Brazil The tax reform has generated legal rules that, among other consequences, eliminated several tax benefits, as occurred with Complementary Law 224/25 and its regulation by Normative Instruction 2305/25 of the Brazilian Federal Revenue Service. These changes, surprisingly, affected companies that adopted the presumed profit regime, based on